on the brink of genius
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The message is within the message.
Everything at advfn is on a 15 minute delay. ALWAYS has been.
The funny part is that we all know you lost your ass in BRGO.
Now you spend your days posting jibberish on Ihub. LOL
Allow me to introduce you to Ihub.
Ihub is owned and operated by a sleazy market maker. (MM). Ihub is the biggest scam that ever hit penny stocks.
They make money on every sale of every stock on the OTC where people buy and sell. Have for a long time. All you have to do is figure out which of the posters on Ihub are the "crew" and follow them around to where they like to watch a run up in order to unload crap about the company and force the hand of the unknowing into selling at losses.
That being said, you aren't part of the crew.LOL You're a trash typing piece of shit with little man syndrome. You're a nobody in the world.
Later asswipe. I am out of BRGO and now completely out of the OTC, retired, living in the foothills overlooking a valley. Coffee is done. Time to take my dog and head for the deck and enjoy life and watch the sunrise.
When this was announced I posted that it was not a restructuring but rather an obliteration of the stock holdings.
Now that I own a share again I guess I should start asking the CEO more questions about what the hell he is doing with the company that will "benefit shareholders"
So I sold off my post split shares to the bid as fast as I got them, and I was glad I did.
Today I literally became a shareholder. I received the rounded up share from the split so I am officially a SHARE holder and not a shares holder.
1 share that was worth 10 cents at one point.
I am not telling anyone anything. Just posting information.
Do your own DD
Berge rents the space.
Some items that you all should look into yourselves.
BRGO had 1 subsidiary. Crown Luxe.
All of you need to look for Crown luxe in the state of New Jersey.
Along the way you may also wish to check out the 224 Closter Dock Rd address which now lists Crown Luxe as the tenant.
A lot has been happening since August 1, 2019.
I sold this AM, took my losses. Later on folks.
Best of luck to all of you in the future.
Don't turn on each other because of a RS. All the name calling and griping and yet I have yet to see mention that Berge left the AS at 10 billion. An obliteration of OS, no change in AS.
Most likely gone private sector. Public entity wont be revived. Even if he gets the 10K for 18 filed he will be behind on the Qs for 2019 and I highly doubt he will even bother to file another 14c.
BRGO was a current filing company until 2018. He fell way behind, brought the company current for the sole purpose of filing the Def14C. The only thing that backfired on him was that FINRA requested more information from him and his 10K fell delinquent before he could get that info to them.
def14c will not be executed until his filings are current. Per Berge he doesn't have the money to get the 10K done, the auditors apparently want to get paid before they compile the statements. He cant get current so the def14c is a useless document at this point.
Think it thru. Announce a 10000 for 1 split and then not staying current with the filings in order for the split to be effected. Why? I don't think Berge needs to sell shares anymore. My opinion when he filed the def14c was that he was going private and his lack of effort related to the public side of BRGO leads me to still lean that direction. I think we have seen the last of any filings from BRGO regardless of the CEO's reasoning for it.
I was checking on this one to see the latest "info" LOL.
Hate to be the bearer of good news for shareholders but Berge doesn't have to cancel the RS. The Def14C filing is now expired. 20 days after the filing date is the deadline to file the amended articles. Berge failed to file that also.
Def-14C will have to be filed again if he ever gets current. In the mean time he has gone dead silent as I posted when the Def14C was filed showing a complete obliteration of the share structure.
Berge is gone. We will never hear from him again as far as upkeep of the public entity.
Move on, nothing to see here. The game is over.
That he is NOT doing. He is still working but he isn't talking with shareholders.
Should have been completed already based on the filing dates. There is something or someone that is interfering with Berge's plan. A few of us have asked but it appears our CEO is giving shareholders the silent treatment.
I posted when the RS was announced that by obliterating the shareholders it appeared to me Berge was done in the public sector and would take Bergio private and go silent. The extension to file the 10K has expired and OTC markets has hung the stop sign again. He isn't addressing either of these issues either, I asked him yesterday about both and he has said nothing. he has gone AWOL on shareholders which doesn't fit anything he did over the past 10 years. He always at least communicated.
Looks like our CEO has gone silent after all. Extension for the 10K has expired and he hasn't taken the opportunity to file.
I hate to rain on your parade but there are several of us, that even after this split will still remain profitable over the years of trading this stock. This time we will lose money here. for me its a first time I am losing money here.
All you have to do is ask:
Just taking a moment to check in because your blip about the BIG PARTY advertised a "big announcement"
I was just wondering what the "big announcement" was since I cant see where it was announced.
---------------------------------------------------------
it’s just a retail announcement
Berge Abajian
Anyone want to wager what he plans to sell??? LOL
If you wish to copy and paste messages that were posted by the CEO it is acceptable.
DO NOT post other shareholder posts from outside social media accounts. They are a TOS violation and will be removed.
Assuming he files one, the filing due date for the 10K is April 1. With the extension, which Berge always files, most likely April 8 at the earliest.
First mistake, NOBODY STOLE MONEY. I bought into BRGO of my own decisions. I wasn't forced to buy BRGO, Berge didn't hold me at gunpoint and steal my wallet, he didn't hack into my bank account and clean it out.
I BOUGHT BRGO OF MY OWN CHOICE. I played the game. Win some, lose some, that's how penny stocks work.
If you walk into a casino with $1000 and lose it all playing poker or blackjack do you blame the dealer and call him names and hound his social media for 4 years?
If you do you have serious issues. This is the OTC. you have a better chance of losing money here than at the casino.
Never put money into an OTC stock that you need. If its money you don't mind throwing out the window when your driving on the expressway, than do with it as you will. Its never anyone else that is as fault of how a person spends their money.
All decent assumptions and hopefully it will hold at .01+ but with 10,000 for 1 I am not so certain we will see a bid to even support that price. Again, IMO, this wasn't a restructuring of the stock, it was a complete obliteration. Worse that the OS decreases 10000 to 1 and he only adjusted the AS at 200 for 1. that alone leaves pre-split shareholders with a further diluted investment before they even get the new shares they are worth less than pre split and they were pretty bad pre split.
The only way I see the post split shares holding any value is if Berge somehow found a way to rid the company of the convertible notes. I don't see how, but that would be at least a reason for him going to the extreme as he did.
If there is a bid on the other side of the reverse it will be like playing whack-a-mole.
You have to hit it before what you are aiming for disappears.
Berge !
I was simply pointing out the FACT that in roughly 1600 days of posting that this stock would RS, the accusation was correct 2 times.
Basically it was correct .125 of a percentage point. ( 2/1600=.00125)
ROTFLMFAO.
Correct, It hasn't been 4 years. Its been longer.
UNDAUNTED Member Level Wednesday, 10/09/13
07:27:19 AM
Re: None 0
Post # of 114438
Whether we have a R/S will not be based on how Mr. Abajian feels about it or what he said in the past. Reality will force him to R/S (unless we have some unforeseen surge upward). It's just a matter of math and survival of the stock.
But if you post every day, minimum of 4 times that a reverse split is coming, and you do that for 3 1/2 years you will be right every so often.
Berge made no attempt to dodge it, he was very clear this was done in the best interest of the "company". translate that however you want.
We all know for a posted fact that he got one of his biggest critics for over $20000
There is as much a chance of Berge doing this as there is Alexandria Ocasio-Cortez making an intelligent comment.
0
That's being really optimistic. Minutes?
I have bought stock going into a 1 for 100 reverse and even a 1 for 500 reverse split because of the information leading up to the effective date. I cant think of 1 person that would touch a share of stock knowing that this is headed for a 1 for 10,000 reverse split.
Again, this isn't a restructuring of the OS, this is obliteration of the OS. again you will end up with 100 shares for every 1 million shares you presently own. Cant imagine anyone wanting in on that. The next chance for volume is post split IMO.
Based on what Berge has informed Krony of, we wont hear from him until after the split has been completed.
Post split, or BRGOD, shares will be listed at $1.00 each.
That is totally based on the assumption that Berge gets the new shares issued. There isn't a guarantee of that either.
Doesn't matter how you look at this one, Berge is done. I seriously doubt we will ever hear from him again. He didn't reshuffle the stack at 1 for 10000. He waited for a bathroom break, took all the chips off the table and left the building. He literally left the building. Most likely the country too.
He is going to let BRGO the public company go dark, he isn't going to report anything and this will sit as an empty shell while everything else is in Crown Lux, the subsidiary he has.
My guess is the paperwork to get Crown Lux into the private side of life is already filed. This is how most if not all OTC Pink stocks work. The company sells shares until it gets the money it needs to survive without shareholders and then obliterates the stock structure and moves off into the private sector with all the assets which have been conveniently listed as being part of the subsidiary so that it can be taken over without any serious consequences for the sole CEO and owner of the new company. Its textbook OTC pink.
This is why you never invest money in an OTC company that you wouldn't mind throwing in the garbage disposal. LOL,.
My simple opinion on what is taking place here at BRGO.
Berge has been under a lot of pressure from one of the note holders and has most likely reached default on that note which will cost him thousands of dollars in convertible stock.
On Feb 14 he elected to not just reverse split the stock but to obliterate all value in his public company.
The 14C will be filed and effected as long as that note holder doesn't have wording in the note that a reverse split would not be allowed unless they have some say in it or the note is no longer in default status. The other option is that they were somehow paid off which doesn't seem feasible at this time.
Berge made the announcement and headed overseas for a vacation, that is obvious. He left so that none of the note holders or shareholders could badger him about his recent move. He ran and hid instead of facing the music.
Don't be at all surprised if the filings of 10K and 10Q stop again as Berge goes silent as he takes his company into the private sector and allows the shell BRGO to go dormant.
There is nothing about a 1 for 10000 split that says he is coming out on the other side of it with a new operation and new found regard for shareholders. It screams "I took the money and left"
You purchasing that necklace must have given Berge just enough money to file the 14C. He approved it on valentines day right after you paid him. LOL
Nothing well meaning about accosting the CEO of a company you own stock in on public media. Yet something else I have asked him to stop doing is posting on twitter and giving fuel and a forum for these people to attack him.
Again, it is never the fault of the CEO that a person buys their stock. I will never be here calling him names and making up stories about him. That solves nothing and speaks volumes about an individuals quality.
Lets see if there is a rabbit in the hat. I have my opinion at this point and that's all it is and it will not be posted here.
He is the master of the lame PR, they never worked. I even offered to pay the cost to put a PR here on the hub and he still wouldn't do it.
The man just has no idea on how to promote this "public entity" He is a jeweler not a shrewd businessman.
It isn't Berge's fault that people buy into his company. I know how I got my shares and I will never place the blame on anyone other than the person in the mirror. Its called manning up and being responsible for your actions, good or bad.
To me, it was worth the risk of playing a little money in this one. Had he hired a professional PR team with the opening of AC it could have been real fun. That didn't happen and we are here today.
I plan on speaking with him upon his return from wherever he elected to vacation at. Trust me he knows what I think of his 10000 number. To restructure was one thing, to obliterate was a whole different ballgame.
Unless he has a rabbit in his trousers he sealed off the public company with this move and I am not at all worried about letting him know that. He fucked up, period.
I will say I expected the comments to be hilarious this morning so those are also a disappointment.
For those who ask where I am? Well I am a tad on the busy side of life these days but I will be checking in from time to time during the day to be entertained.
Until his spring break party I guess we will just have to watch the stock price drop back to .0001 from $1.00. LOL
This is always a possibility when you play in the OTC.
Berge is on the Verge.